Stock fact sheet · data as of
Nuveen Real Asset Income and Growth Fund (JRI): fair value, margin of safety and Wheel Score
Financial Services · Asset Management - Income · United States · High Yield Income
Is JRI undervalued?
At 10.48 (close of 16 Oct 2026), JRI trades 66% below the GLS average fair value of 30.40. That average comes from 9 models run on the latest filings, and 9 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns Nuveen Real Asset Income and Growth Fund the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
There is a wide gap between DCF (10.52) and Graham Growth (83.49). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files JRI under High Yield Income: a dividend yield above 4%.
Nine valuation models for JRI
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 10.52 | +0% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 21.00 | +100% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 83.49 | +697% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 36.49 | +248% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 48.72 | +365% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 12.76 | +22% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 20.79 | +98% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 23.57 | +125% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 16.22 | +55% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -5.88 | -156% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Nuveen Real Asset Income and Growth Fund scores 6 of 9 on the Piotroski F-score: a middling result that passes the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 2.6/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are moderate - ROIC 9.1%, ROE 13.4%, ROA 9.0% - with debt at 0.47 times equity and a free-cash-flow yield of 8.0%.
The dividend yield is high at 15.29% (payout ratio 87%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 5/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 9.1% |
|---|---|---|---|
| GLS Moat | 2.6 / 10 | ROE | 13.4% |
| Debt / equity | 0.47 | ROA | 9.0% |
| Free-cash-flow yield | 8.0% | Payout ratio | 87% |
| Institutions | 5 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 39: No options
No options are listed on Nuveen Real Asset Income and Growth Fund in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 39) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 246k shares a day on a market cap of $288M, with a beta of 0.90; the Stability part of the Wheel Score gives that 8 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 66% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 4 / 15 | moat 2.6/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 8 / 20 | 246k shares/day, $288M cap, beta 0.90 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for JRI in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management - Income
The 12 companies below are the closest to Nuveen Real Asset Income and Growth Fund by market cap within the Asset Management - Income industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| AIHAX Horizon Active Income Fund - Advisor Class | 7.73 | 4.89 | -58% | 17No options | $286M |
| XFLT XAI Octagon Floating Rate & Alternative Income Term Trust | 18.74 | 41.78 | +55% | 39No options | $285M |
| TEI Templeton Emerging Markets Income Fund | 6.15 | 36.59 | +83% | 39No options | $290M |
| EFT Eaton Vance Floating-Rate Income Trust | 10.63 | 12.80 | +17% | 39No options | $283M |
| HPF John Hancock Preferred Income Fund II | 12.98 | 24.81 | +48% | 39No options | $281M |
| PFCOX PFG American Funds Cons Inc Strat R | 9.80 | 11.76 | +17% | 39No options | $278M |
| BRW Saba Capital Income & Opportunities Fund | 5.91 | 18.88 | +69% | 39No options | $301M |
| BGT BlackRock Floating Rate Income Trust | 10.09 | 25.67 | +61% | 39No options | $301M |
| OIA Invesco Municipal Income Opportunities Trust | 5.76 | 4.97 | -16% | 30No options | $275M |
| FINS Angel Oak Financial Strategies Income Term Trust | 12.12 | 50.29 | +76% | 39No options | $304M |
| NXG NXG NextGen Infrastructure Income Fund | 52.50 | 684.35 | +92% | 39No options | $304M |
| NCZ Virtus Convertible & Income Fund II | 13.97 | 108.62 | +87% | 39No options | $266M |
⚖ Compare JRI with 7 of them All Financial Services stocks →
Screen the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the same eight-rule screen, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about JRI
Is JRI undervalued right now?
By the GLS models, yes: at 10.48 the stock is 66% below the average fair value of 30.40 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of JRI and what does it mean?
JRI has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for JRI?
30.40 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Nuveen Real Asset Income and Growth Fund report earnings next?
No upcoming earnings date is recorded for JRI in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does JRI have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on JRI, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.